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The Selby

In November of 2014 we put together an exclusive incentive package, in partnership with Insider Condo Club, that made for one of the year’s best investments.  The 50 storey tower coming to Bloor and Sherbourne offered investors a great location, situated just blocks away from both the Yonge and Bloor subway lines. Though somewhat marred by stigmas surrounding the area, the location makes for an excellent real estate investment. There is a somewhat quiet $1.1 Billion revitalization project about to get underway, with The Selby leading the charge.  More than six new towers, rows of townhomes and revamped green space are set to refresh the neighbourhood and bring an injection of money and capital into the community.

Just after we held a private one-day sales event, the developer gave notice that the entire development had drawn interest from multinational investment firms and was subsequently sold to a North American Private Equity Fund in an unprecedented sale.

Two Year Leaseback

The developer agreed to offer a two year leaseback program which guarantees you a healthy rental rate for two years starting on Occupancy.  What does it mean?  Cash flow.

One Year Free Maintenance

What’s the only thing better than low maintenance fees?  No maintenance fees. Fatten your bottom line and increase cash flow from year one as the developer gives you a cheque for one year’s maintenance fees.

$3.30/PSF Rental Guarantee

Rent your unit for two years at a guaranteed rate of $3.30 per square foot.  That’s more than 10% above the current market value.  Rental guarantees are a staple element of sound condominium investing.

Why we believe in The Selby.

$1.1 Billion Revitalization

6 new towers.  2,415 new residential units.  $1.1 Billion in improvements to the area.

Location

Where South Rosedale meets East Yorkville.  Sort of.

Value

Lesser, older buildings in immediate proximity are trading at higher prices than The Selby.

Transit

Steps from both the Yonge and Bloor subway lines.  Get anywhere in the city, fast.

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